Coppell Texas Real Estate Sales down 4% in November 2011

Coppell Texas Real Estate Sales were down 4% in November 2011 over the same month last year with 25 homes selling this month! For the year to date, overall home sales were at 364 homes sold, a 3% change from last year. Coppell Texas Real Estate total dollar volume of homes sold this month was $6,609,984 which is a -6% change from this month last year. For the 2011 year to date, the total dollar sales were at $138,861,942, which is a 7% change.

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New Coppell Texas Real Estate listings experienced a -27% change for the same period last year with 33 homes listed this month. For the year to date, overall home listings underwent a -9% change with 752 homes listed this year. Listings pending sales this month underwent a -3% change, with 29 homes contracted. Listings under contract for the year to date experienced a -1% change, with 466 homes under contract for this month.

The median sales price of Coppell Texas Real Estate was $270,000, a 11% change from this month last year. Overall, for the year, the median sales price was $273,875 a 1% change. Sellers received 97% of their asking price this month, which is a 3% change from last year. For the year to date, sellers received 97% of their asking price, which is a 0% change. This month, homes spent an average of 80 days on the market until sold, which was a 40% change from last year. For the year to date, the average number of days on the market was 70, an overall change of 27%.

The current supply of active listings on the market this month was 136 homes. This is a change of -18% from the same month last year. For the year to date, the supply of active listings on the market was 177, which is a -6% change. This month there was a 3.6 months’ supply of homes on the market; this was a -19% change from last year. For the year to date, there was a 4.6 months’ supply of homes on the market, which is a -8% change from the same period last year. The average price per square foot was $114 this month; a 2% change from last year. For the year to date, the average price per square foot was $119, a change of 3%

Coppell Real Estate sales is known as Multiple Listing Service (MLS) area 21 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of November 2011. DFW Team Realty provides month reports on Coppell Real Estate Sales as well as Coppell Foreclosures, Coppell Short Sales, and Homes in Coppell. Please visit our website at DFWTeamRealty.com for the latest information on Coppell homes by price range and community. Search Coppell Real Estate at Homes in DFW

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